Paya Holdings (PAYA) director Chukwu returned to the company 39,195 shares
Insider transactions reported
Oni Chukwu (director at Paya Holdings Inc., PAYA) reported that they returned to the company 39,195 shares, and disposed of 4,281 shares at $9.75 on Feb 22, 2023. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Chukwu Oni
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 22, 2023 | Tender of shares in a change of control (U) | Common Stock1 | -4,281 | $9.75 | $41.7K | 0 direct |
| Feb 22, 2023 | Sale back to the company (D) | Common Stock2 | -39,195 | - | - | 0 direct |
Holdings before and after
- Common Stock: 4,281 to 0 direct
Footnotes from the filing
- 1. Pursuant to the Agreement and Plan of Merger, dated as of January 8, 2023, by and among Paya Holdings Inc., Nuvei Corporation, a corporation incorporated pursuant to the laws of Canada and Pinnacle Merger Sub, Inc.
- 2. Each of the Issuer's RSU outstanding and vested as of immediately prior to the Effective Time, was cancelled and converted into the right to receive a lump sum cash payment. Any RSUs that were outstanding and unvested as of immediately prior to the Effective Time were converted into a restricted stock unit award.
Transaction codes in this filing
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Chukwu report in this PAYA Form 4?
Oni Chukwu (director at Paya Holdings Inc., PAYA) reported that they returned to the company 39,195 shares, and disposed of 4,281 shares at $9.75 on Feb 22, 2023. After these transactions the filing shows 0 shares held directly.
How many PAYA shares does Chukwu hold after this filing?
The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code D mean on an SEC Form 4?
Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
Historical context for PAYA
Earlier insider filings at PAYA
- Feb 25, 2023SEC Form 4: Gordon Michael J returned 28,583 shares to the company, closing all direct ownership in the company
- Feb 25, 2023SEC Form 4: Doster Melinda returned 57,704 shares to the company, closing all direct ownership in the company
- Feb 25, 2023SEC Form 4: Hack Jeffrey I returned 663,295 shares to the company
- Feb 25, 2023SEC Form 4: Renzulli Glenn Joseph returned 228,533 shares to the company
- Feb 25, 2023SEC Form 4: Bell Eric Christopher returned 64,265 shares to the company, closing all direct ownership in the company
Keep researching PAYA
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